blue ribbon vs badge

blue ribbon and badge both are nouns.

Word	Noun	Adjective	Verb	Adverb
blue ribbon	Yes	No	No	No
badge	Yes	No	Yes	No

As nouns, badge is a hypernym of blue ribbon; that is, badge is a word with a broader meaning than blue ribbon:

blue ribbon: an honor or award gained for excellence
badge: an emblem (a small piece of plastic or cloth or metal) that signifies your status (rank or membership or affiliation etc.)

blue ribbon (noun)	badge (noun)
an honor or award gained for excellence	any feature that is regarded as a sign of status (a particular power or quality or rank)
	an emblem (a small piece of plastic or cloth or metal) that signifies your status (rank or membership or affiliation etc.)

blue ribbon (verb)	badge (verb)
	put a badge on